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Bullboard - Stock Discussion Forum New Found Gold V.NFG

Alternate Symbol(s):  NFGFF

New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. Its principal objective is to explore and develop the Queensway Project, which is located near Gander, Newfoundland.

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New Found Gold > furthermore
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furthermore

likeike (2483) | July 23, 2022 06:04 pm

 
@alwil106 @ArmandBoisvert I thought it was Adios Amigo I'm going to jail for a rest. Don't talk to me about Royal Nickel, I took a load of abuse on the WM board for calling it out as a one off find. When Newmarket found those initial high grades nobody at that time knew it was going to develop into the deposit it became, my initial position in KL was C$12. Eric Sprott was pounding the table on the Weekly Wrap Up, nobody was paying attention except a very few, I got out at C$70, now as then nobody could appreciate the richness of the nuggety effect, these aren't conventional deposits. If you were to calculate the total g/m of Fosterville Swan drill results with NFG, NFG would have over three times the g/m over three times the strike length than the Swan zone, I'd guess 7-10 million ounces, nobody can be definitive with these type of deposits but nobody knows them better and can give an estimate of grade and size of the deposit better than Eric Sprott, certainly not Crux. As ES was pounding the table on KL he is more so with NFG and putting his money where his mouth is.
@alwil106 @ArmandBoisvert I thought it was Adios Amigo I'm going to jail for a rest. Don't talk to me about Royal Nickel, I took a load of abuse on the WM board for calling it out as a one off find. When Newmarket found those initial high grades nobody at that time knew it was going to develop into the deposit it became, my initial position in KL was C$12. Eric Sprott was pounding the table on the Weekly Wrap Up, nobody was paying attention except a very few, I got out at C$70, now as then nobody could appreciate the richness of the nuggety effect, these aren't conventional deposits. If you were to calculate the total g/m of Fosterville Swan drill results with NFG, NFG would have over three times the g/m over three times the strike length than the Swan zone, I'd guess 7-10 million ounces, nobody can be definitive with these type of deposits but nobody knows them better and can give an estimate of grade and size of the deposit better than Eric Sprott, certainly not Crux. As ES was pounding the table on KL he is more so with NFG and putting his money where his mouth is.

RE:furthermore

likeike (2483) | July 23, 2022 06:06 pm

now as then nobody could appreciate the richness of the nuggety effect, these aren't conventional deposits. If you were to calculate the total g/m of Fosterville Swan drill results with NFG, NFG would have over three times the g/m over three times the strike length than the Swan zone, I'd guess 7-10 million ounces, nobody can be definitive with these type of deposits but nobody knows them better and can give an estimate of grade and size of the deposit better than Eric Sprott, certainly not Crux. As ES was pounding the table on KL he is more so with NFG and putting his money where his mouth is.

RE:RE:furthermore

geezer21 (1175) | July 23, 2022 07:29 pm

Agreed.  Crux was just doing guestimates with visual of the drill hold map and assays.  It is not be relied upon.